This Information is from Smart MLS and has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

10 Railroad Street, New MilfordCT, 06776

Investment opportunity. Established restaurant on first level. 27 rooms rented on a weekly basis on second and third floor. Mostly long term tenants. Additional storage room and office. Rooms are furnished and offer WI-FI and cable. Some parking on site & storage garage. Located in the heart of the dining & business district & across from the historic New Milford Railroad Station. Owners have made numerous improvements over the years. This investment requires minimum on site management. Contact agent for additional information. Agent related.

Price

Price:$1,900,000

Subdivision: N/A

County:
Litchfield

Sq ft:11,629 (approx)

MLS#: 170150526

Status: Active

Description

Investment opportunity. Established restaurant on first level. 27 rooms rented on a weekly basis on second and third floor. Mostly long term tenants. Additional storage room and office. Rooms are furnished and offer WI-FI and cable. Some parking on site & storage garage. Located in the heart of the dining & business district & across from the historic New Milford Railroad Station. Owners have made numerous improvements over the years. This investment requires minimum on site management. Contact agent for additional information. Agent related.

Listing Information

Property Type: Investment, Other

Lot Size:0.31 Acres

Square Feet:11,629 (approx)

Year Built:1905

Subdivision:N/A

Available Utilities:Electric, Natural Gas

Current Use:Mixed Restaurant, SRO

Neighborhood

Room Information

Interior Features

Cooling:A/C - Zone

Heating:Baseboard

Guest Facilities:3

Exterior / Lot Features

Parking:Unpaved, Off Street

Pool:None

Zoning:VC

Topography:Level

Additional Exterior/Lot Features:Downtown, Level

Driving Directions

Bridge St. to Railroad St.

Financial Considerations

Tax Amount:$17,053

Listing Price History

New Milford Real Estate

New Milford is located in Connecticut.
New Milford, Connecticut 06776 has a population of 27,276.

The median household income in New Milford, Connecticut 06776 is
$79,028.
The median household income for the surrounding county is $72,068
compared to the national median of $53,482.
The median age of people living in New Milford 06776 is
42 years.

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Courtesy: William Raveis Real Estate

This Information is from Smart MLS and has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

This content last refreshed on 2/21/2019 8:35 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.